The domestic currency had gained seven paise on Friday.
The rupee had lost 21 paise on Tuesday's trade.
The rupee edged higher by three paise to 66.46 against the US dollar in early trade on Wednesday.
The rupee slumped to 64-level against the American currency, its second straight fall this week.
Weakness of dollar in the overseas market also boosted the domestic currency, a forex dealer said.
On Thursday, the rupee jumped 50 paise to close at 62.67 against the Greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
The rupee had ended 5 paise lower at 67.49 on Monday.
Persistent selling of the American currency by exporters and bank supported the rupee
The rupee on Tuesday lost another 15 paise against the US dollar to close at 65.88
The rupee had closed with a gain of 12 paise on Friday.
The rupee fell back against the pound to 98.72 from overnight close of 98.48 and turned negative to end at 77.44 per euro from Rs 77.37.
The rupee had lost three paise to hit two-month closing low of 66.80.
Rupee is under pressure against the dollar on weak cues.
Dollar sales by exporters and firm local equities also supported the local currency.
However, the US dollar's strength against other currencies overseas capped the rupee's gain
The RBI is still a small player in international gold buying among central banks. But in terms of total gold bought in 2019, it is the sixth largest buyer with 25.2 tonnes purchases in the first 10 months of 2019.
Increased demand for the dollar weighed on the local currency.
The rupee had ended five paise lower at 61.92 on Tuesday.
Forex dealers said besides the dollar gaining against other currencies in the global markets on the back of a strong US economy, increased demand for the American unit from importers weighed on the rupee but a higher opening in the domestic equity markets, capped the fall.
The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. Moreover, the strength of the American currency in the overseas market, a muted trend in domestic equities, risk-off mood and firm crude oil prices weighed on the rupee.
The local currency had surged 35 paise to 63.65 in Thursday's trade.
The rupee recovered from more-than three months low of 63.15 in early trade on dollar selling by banks.
The rupee had ended almost flat at 61.41 against the Greenback in the previous session on Wednesday on alternate bouts of buying and selling.
The rupee bounced back by 10 paise to end at 68.62 on Friday.
The domestic currency has tumbled by 104 paise, or 1.63 per cent, in last six trading days.
The partially convertible rupee was trading at 65.87/88 per dollar.
A weak dollar overseas also aided the rupee rise while fresh sell-off by foreign funds in domestic stocks capped the currency's gains, forex dealers said.
The rupee on Monday continued its upward march against the US dollar for the third day, firming up by another 10 paise to 66.00 on fag-end selling of the American currency by banks and exporters.
The rupee had firmed up by 28 paise to close at 3-week high of 66.97 in Monday's trade.
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
The rupee had depreciated by 13 paise to end at 67.20.
At the Interbank Foreign Exchange market, the domestic unit commenced higher at 61.80 a dollar from previous close of 61.92.
Rupee rises against the dollar for 4th straight session.
The rupee resumed higher at 64.40 a dollar from Friday's close of 65.24 and touched a low of 64.54 at the interbank foreign exchange market.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
The dollar index was trading marginally higher by 0.06 per cent.
The Fed's decision on tapering its monthly $85 billion bond-buying programme is expected later on Wednesday.
A strengthening dollar overseas also kept the rupee under pressure amid demand from importers. Goldman Sachs followed JP Morgan, HSBC and Nomura in cutting India's economic growth forecast and also said it expects the rupee to touch 72 against the dollar in the next six months.
The rupee hovered in a narrow range of 62.20 and 62.28
Sustained inflows of foreign funds supported the rupee
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